The Registry Review Collecting affiliate news from around the world

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Third Quarter, 2009 The Registry Review Collecting affiliate news from around the world The Benefits of Membership I hope that you enjoyed the summer months and took some time to spend them with

Vacations are such a special and essential part of our lives, and together that is what we offer more than 30,000 Collection members every year!

1 Third Quarter, 2009 The Registry Review Collecting affiliate news from around the world The Benefits of Membership I hope that you enjoyed the summer months and took some time to spend them with friends and family! With the end of summer, I am reminded why your role as resort developers, and especially as affiliates of The Registry Collection program, is so very important to our members. Vacations are such a special and essential part of our lives, and together that is what we offer more than 30,000 Collection members every year! Gregg Anderson, global managing director, The Registry Collection program, with Front Four (Stowe, VT) Executive Concierge Ken Forbes. In this edition of The Registry Review, you will learn about the continuing enhancements we are delivering to you and your owners. Our new Last Call Getaways option is a great benefit to Collection members. This new program allows members to exchange into resorts within 29 days of travel at an attractive fee or reduced credits a service only available through The Registry Collection program. Members will also now have limited access to inventory at the Hyatt Regency San Francisco for a limited time an exchange option that Collection members have been requesting for some time. Additionally, we have renewed the sponsorship with our Collection Partner, Cirque du Soleil, which now offers members of The Registry Collection program access to their newest U.S. traveling show, OVO, a menagerie of acrobatic adventure through the fantastic vision of the insect world. Finally, The Registry Collection team continues to travel around the world to network at numerous fractional industry events and conferences, promoting the value of The Registry Collection brand and expanding our luxury travel options. In short, we are working very hard to increase the merits of The Registry Collection program for you and our members. Enjoy the fall and as you vacation with your own family and friends, keep in mind this: Together, through the vacations we are able to offer, we are providing so many with some of the most meaningful and memorable experiences of their lives. Thanks for being a part of it. TABLE of CONTENTS Global Managing Director, The Registry Collection program Management Message New Affiliations Featured Affiliates Industry Events Featured Partner Employee Testimonial p.1 p.1 p.2-3 p.2 p.4-5 p.6 New Affiliations The Registry Collection program is constantly striving to build upon our elite network of distinguished luxury leisure assets. We are pleased to announce the following new affiliations for the 2nd Quarter of South Africa Elements Private Golf Reserve, Limpopo Province* Latin America La Herencia Residence Club at Tres Rios, Cancun** North America Jimmy Johnson s Fishermans Cove, Key Largo, FL** Q&As p.6 * Construction in progress; scheduled to have exchangeable inventory in ** Resort is completed; scheduled to have exchangeable inventory in 2009

Featured Affiliate: Montecristo Estates, Pueblo Bonito, Mexico The gorgeous Montecristo Estates of Los Cabos, Mexico provide a warm and inviting retreat for members of The Registry Collection program.

Collection members can enjoy a vast array of on-site amenities, including a Club House, Bar Lounge, Sushi restaurant, complete Concierge service and the luxurious Spa & Fitness Center.

2 Featured Affiliate: Montecristo Estates, Pueblo Bonito, Mexico The gorgeous Montecristo Estates of Los Cabos, Mexico provide a warm and inviting retreat for members of The Registry Collection program. Nestled into the mountainside, Montecristo offers stunning ocean views. Collection members can enjoy a vast array of on-site amenities, including a Club House, Bar Lounge, Sushi restaurant, complete Concierge service and the luxurious Spa & Fitness Center. Each villa is equipped with 3 bedrooms and 3-1/2 baths, allowing up to 10 people to vacation comfortably. A home entertainment center, fully outfitted kitchen and two Jacuzzis will allow members and their guests to relax in style. If your owners want to explore the surrounding areas, a shuttle service is offered to Pueblo Bonito Sunset Beach, and from Sunset Beach to nearby Rose Resort. Guests of Montecristo Estates are welcome to enjoy any of the amenities at Sunset Beach, Pueblo Bonito Pacifica or the Holistic Retreat & Spa, all located within minutes of the resort. Stunning views will greet your owners as they explore their gorgeous surroundings at Montecristo Estates. Offering plenty of superb dining options, amazing ocean views and luxurious amenities, Los Cabos, Mexico offers vacationers true bliss. Members of The Registry Collection program will surely find that their every whim can be accommodated at Montecristo Estates. Montecristo Estates of Los Cabos will allow members and their guests to relax in style. Industry Events The luxurious interior of the Montecristo Estates will allow Collection members to experience an incredibly exotic retreat. October 6-7, 2009: Luxury Markets Symposium Mexico City, Mexico The Registry Collection program is the main host/sponsor of this prestigious event. Ana Laura Acevedo, vice president of Special Programs, The Registry Collection program, will speak on the panel, Solutions for the Luxury Segment. 2 October 12-13, 2009: Alternative Ownership Conference Hotels and Resorts Asia Pacific (AOCAP) Phuket, Thailand The Registry Collection program will be a proud Sponsor and exhibitor at Asia s first shared ownership conference. Gregg Anderson, global managing director, will also be speaking on the global state of the Fractional industry.

of The Registry Collection program. Its modern design combined with the natural, beautiful surroundings allows members to experience the distinguished Lake Tahoe lifestyle.

3 Featured Affiliate: One Village Place, Truckee, CA Located in the Sierra Mountains you will find the charming One Village Place resort. Anchor of the Northstar Village, a collection of shops, dining and entertainment, and defined by its luxurious design, service and amenities, the resort is an upscale home away from home for members of The Registry Collection program. Its modern design combined with the natural, beautiful surroundings allows members to experience the distinguished Lake Tahoe lifestyle. The resort features a stunning private lounge and wine bar at the base of the mountain, while each villa boasts granite countertops, a private balcony and the most modern appliances. The charming One Village Place resort will provide Collection members with a beautiful home away from home. Collection members and their guests can also enjoy the many luxurious on-site amenities, including the rejuvenating Spa and Fitness Center, a Concierge to oversee your owners every need, as well as the services of a private chef. Also on-site is The Tahoe Mountain Club, an upscale country club that offers world-class recreation to members of The Registry Collection program. Members can enjoy swimming, tennis and access to three private world-class golf courses. Renowned as one of the finest four-season destinations in the country, Lake Tahoe and One Village Place are sure to offer Collection members a true paradise for their next vacation. Defined by its luxurious design, service and amenities, the resort is an upscale home away home. Each villa exudes a lush neutral palette of colors, allowing Collection members to relax and unwind. 3

Featured Partner: Cirque du Soleil The Registry Collection program is proud to feature the newest traveling show from Cirque du Soleil, OVO. Collection members will be thrilled by this latest U.S. performance, which offers a luminous and fantastic vision of the insect world.

4 Featured Partner: Cirque du Soleil The Registry Collection program is proud to feature the newest traveling show from Cirque du Soleil, OVO. Collection members will be thrilled by this latest U.S. performance, which offers a luminous and fantastic vision of the insect world. OVO is a headlong rush into a colorful ecosystem teeming with life, where insects work, eat, crawl, flutter, play, fight and look for love in a non-stop riot of energy and movement. Also available for members enjoyment is KOOZA, an exotic visual spectacle that combines electrifying acrobatic performances with the time-honored art of clowning. The newest traveling show from Cirque du Soleil, OVO, will offer Collection members a luminous and fantastic vision of the insect world. Members of The Registry Collection program can enjoy either OVO or KOOZA in two ways. The Premiere Night Experience offers Collection members the life of a celebrity on opening night, including Special Premiere Night activities. Or, members may choose the Behind-the-Scenes Experience, which offers a look at the private world of the artists, including a backstage tour of the concession tents, the artistic tent, the Grand Chapiteau and a memorable lunch or dinner in the artists kitchen. Both experiences offer Collection members the experience of a lifetime with fine food, drinks and multimedia entertainment in the VIP tent, as well as the best seats in the venue! Collection members will be thrilled by this newest performance. Photos above and right: Benoît Fontaine Costumes : Liz Vandal 2009 Cirque du Soleil. The trademarks Cirque du Soleil, OVO and KOOZA are owned by Cirque du Soleil and are used under license. 4

The fascinating backstage tour, the Tapis Rouge with all the clever food offering, the time taken by our tour guide to show and teach us about the operation and answer our questions, the wonderful

5 The fascinating backstage tour, the Tapis Rouge with all the clever food offering, the time taken by our tour guide to show and teach us about the operation and answer our questions, the wonderful seats, and the fabulous performance combined to make this a oncein-a-lifetime experience. I never thought I could love insects so much. Marclay Davis, Concierge Mountain Estate at Smuggler s Notch Collection members will be enthralled by the dazzling displays of acrobatics performed in OVO.

6 Ultimate Luxury. Unlimited Opportunity. SM Employee Testimonial: Lisa Kirkhoff and Dana Wise With over 30 years of combined experience with RCI, The Registry Collection program is fortunate to have such seasoned veterans as Lisa Kirkhoff and Dana Wise on the team. Both in the position of Program Manager, Lisa and Dana have been with The Registry Collection program for five and eight years, respectively. In her daily responsibilities, Lisa handles the North American Serviced accounts, as well as the Collection Partner and vendor relationships in the U.S., while Dana is a systems expert and liaises with the global regions on operational issues. We have a lot of ownership in the program, says Lisa. We care about The Registry Collection program and we can provide servicing and product offerings to quickly meet our affiliates needs. Overall, I m very proud that we ve been able to grow the program significantly over the past few years. To Dana, her fondness for the brand comes from being with The Registry Collection program since its inception. I watched it go through its growing pains and was able to share in the excitement and the successes of the program. Dana adds, The Registry Collection is the best in its class, providing white-glove service and extraordinary experiences around the globe. Both women are excited about what the future holds for The Registry Collection program. Says Lisa: We re looking forward to working with our affiliates to offer the best service to their owners, as well as further enhancements to support their sales. We have one of the hardest working teams in the industry. We are passionate about what we do and are extremely privileged to have a team that will consistently roll up their sleeves to get the job done. We ve been able to grow the program significantly over the past few years. The Registry Review Q&As Q: Would you please explain The Registry Collection s Last Call Getaways program? A: In an effort to provide more opportunities for affiliates and members, The Registry Collection program recently introduced Last Call Getaways. Available only to members, and designed to better utilize inventory with travel dates of 29 days or less, this new close date program offers last-minute accommodations for either a reduction in credit value or an attractive fee. Following are details for handy reference: The reduced credit option allows members to exchange at 29 days or less prior to the arrival date for 50% of the normal published credit values. The cash option allows members who have used (or wish to save) their credits to book a reservation at 29 days or less for US$ (CD$ ) which includes the standard reservation fee of US$ (CD$310.00). Reservations made via The Registry Collection s Wait list process are not eligible for either of these two programs. Since nearly 85% of The Registry Collection program s close date inventory currently goes unused, Last Call Getaways will provide your owners with additional opportunities to book a vacation, and affiliates will appreciate the increased occupancy at their properties. As an added bonus, revenue generated through the cash option will be used by The Registry Collection program exclusively to acquire additional inventory for our members in locations where we currently have little or no availability! If you have questions, please contact your Account Executive or Account Specialist. Contact us: For questions and comments about The Registry Review, please us at feedback@theregistrycollection.com. For specific questions about your affiliation, please contact your Account Executive. For operational questions, please call your Account Specialist at Design and Layout by Group RCI Visual Communications 2009 The Registry Collection. All rights reserved. Printed in the U.S.A 6

Manager s Message. TABLE of CONTENTS

Manager s Message. TABLE of CONTENTS The Registry Insider Forth Quarter, 2009 Manager s Message For all of you who came off summer vacation right into back-to-school or backto-work, it s time for a vacation! Sadly we often get so caught up